wsigler

$125 Oil Not Sustainable for the Time Being

WERAWC says:

"There is never a gap between supply and demand at the end of any day, there never will be. Price always bring the two together so: Supply = Demand. Both are variable every day, and price brings them together. "

NOT entirely true. A futures cntract in the hands of a speculator is only a reflection of what the ANTICIPATED supply/demand equation will look like at some time in the future. At this stage, there is no "balance". The exchange is "in limbo" until no later than contract expiration - at which time balance will occur.

$125 Oil Not Sustainable for the Time Being

CFO4NOVA says: "This author may be an amatuer, however most investors reading this and in the market are lemmings anyway. I don't care how sophisticated you may think you are with your MBA's and PhD's in math and theoretical bla bla bla....more people in the market are wrong more than they are right, no matter how smart they tout themselves to be."

You've made the most intelligent observation of ALL the posters here. I can't believe how friggin' NARROW-MINDED and in some cases downright ignorant some of you posters are. Some of you haven't even the sense to correctly interpret what the author wrote. Others take his very admission that his opinion is based more on common sense and "metrics" that are not especially popular amongst today's oil "investors" - than on popular techical analysis - and proceed to beat him up for it! Jerks! It's his OPINION, for Cris' sake - and what most of you ignoramuses wrote is no more than opinion, too. What qualifies YOU to even respond? All you do is parrot back what someone else has already said...you don't speak an original thought of your own. At least the author is up-front with his qualifications (or lack thereof) - while you dilberts imply you've got it all figured out. Arrogant lemmings!

Responders on SA are more and more taking on the flavor of the Longs one finds on all the other messgae boards - where anyone who shows ANY sign of doubt that the stock de jour is headed anywhere but up is automatically labeled a "short" - and is severely chastised - AS IF THERE WERE SOMETNIG WRONG/IMMORAL with being short. 95% of what you find on those boards is no more than a friggin' circle jerk - with some posters actually "cheering" every little uptick and "talking" to the stock as if it were a person!

I thought SA was different - but I'm seeing more and more evidence of a migration of these block-headed lemmings to SA. Have you guys ever pondered the significance of the title of this forum? Some of us (used to be MOST of us) are actually trying to reach logical conclusions based on ALL the input we can get. If we don't agree - we usually do one of three things: Ignore, i.e., not respond to material that makes no sense to us - or request amplification - or provide a differing view - ALL THE WHILE RESPECTING the author - no matter how much we disagree.

Why don't you blockheaded lemmings go back to the Yahoo boards and leave SA to those who want to hear ALL SIDES to an issue - not just a regurgitation of what YOU think is true.